Q&A: Tech Hedge Fund Quantitative

Obtained undergrad from Columbia, Wharton MBA, CFA

Looking to give guidance to undergrads seeking to break into the industry, have lots of experience in recruitment. 

Ask me anything.

 

Apply to be a WSO Mentor

20 Comments
 

What are your views on breaking into Quant Hedge funds from a MFE?

Currently doing a master’s in Financial Mathematics from Johns Hopkins part time while working for a retail brokerage - goal is to get into prop trading / options market making but would love to hear what your opinion might be on opportunities in the Quant Hedge Fund space and what skills they are looking for vs prop trading / market making.

 

Definitely doable.

From my experience if you are competent enough/ have qualifications it really comes down to connections.

Job is great and I enjoy it more than my IB days but definitely a tax. Exhausted 24/7, have some friends in sales who work 1/2 the time and make the same money which is frustrating but if you’re willing to grind it’s worth it.

 

Thanks for the reply!

Another quick question for you as well: how does the interview process for quant hedge funds differ from that of market makers / prop shops; that is, if you’re familiar with that side.

For market makers, depending on the role: mental math, stochastic calculus, linear algebra and options pricing theory, the green book etc.

What topics are most hit on typically in an interview for a quant hedge fund / what would you recommend someone study for prep?

 

Thanks for the help. I am a rising senior at USC studying Finance and CS. Doing S&T this summer at Goldman and IB next summer (I know doing a summer analyst in IB after graduating which is a bit weird - figured out finance was for me very late). I am really in love with public markets and the cause/effect relationships on why things happen. I had a chance to attend a fellowship at DE Shaw and really loved it and am very sure I want to work at a long/short equity or multi strategy fund. Even if I can’t get DE shaw, citadel, p72, I am totally fine trying to find a smaller shop who would want to have me. I just didn’t feel working at an investment bank has been best for me. I would appreciate your honest advice on what you would recommend doing. 

 

Perhaps I am getting your role and skills mixed up with those of an option market making quant trader, but would you say being good at mental math is an advantage at all in your field?

 

I go to GMU, a not prestigious school, how can I stand out on applications for ib or preferably hedgefunds. I am really good at math, but not sure how to leverage that given my unis prestige or lack thereof

 

Et ratione ut numquam laudantium quibusdam. Recusandae in deleniti impedit ab eum eos. Dolorem totam vitae velit. Ab error sit quia laudantium tempora veniam aperiam.

Sed voluptatem ex aliquam. Eaque illum aut ullam occaecati ea eligendi. Atque tempora id consequatur et. Deleniti quaerat consequatur excepturi recusandae omnis at. Nemo nihil repellendus et quae.

Career Advancement Opportunities

June 2026 Hedge Fund

  • Point72 99.0%
  • D.E. Shaw 98.1%
  • Citadel Investment Group 97.1%
  • AQR Capital Management 96.2%
  • Magnetar Capital 95.2%

Overall Employee Satisfaction

June 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • Millennium Partners 98.1%
  • D.E. Shaw 97.1%
  • Blackstone Group 96.1%
  • Citadel Investment Group 95.1%

Professional Growth Opportunities

June 2026 Hedge Fund

  • AQR Capital Management 99.1%
  • Point72 98.1%
  • D.E. Shaw 97.2%
  • Citadel Investment Group 96.2%
  • Magnetar Capital 95.3%

Total Avg Compensation

June 2026 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (27) $464
  • Director/MD (12) $423
  • NA (9) $320
  • Engineer/Quant (86) $288
  • 3rd+ Year Associate (26) $284
  • Manager (4) $282
  • 2nd Year Associate (32) $253
  • 1st Year Associate (76) $192
  • Analysts (240) $181
  • Intern/Summer Associate (28) $146
  • Junior Trader (5) $102
  • Intern/Summer Analyst (282) $96
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
DrApeman's picture
DrApeman
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”